Garden City, NY (PRWEB) October 24, 2012
Concept Capital Markets, LLC earned the “Highly Commended” honor in the Best Boutique Prime Broker - Overall category at the HFM Week US Hedge Fund Services Awards last week in New York. The firm was also a finalist in the following categories: Best Prime Broker –Technology, Best Prime Broker – Capital Introduction, and Best Prime Broker – Consulting Services.
“We are grateful to HFM Week for this recognition and for being included among the distinguished roster of hedge fund service providers honored this year,” said Jack Seibald, co-founder and Managing Member. “We aim to earn our clients’ business every day by serving as a trusted and loyal partner, and it is very gratifying to be recognized for the services we provide them,” he continued. “Fund managers face enough difficulties every day as they search out the best possible investment and trading opportunities for their clients’ assets. Our mission at Concept Capital is to deliver robust custody, execution and clearing, portfolio management and reporting, and operational support solutions that free our clients to focus on their core competencies. We’re proud of the high standards of customer service our team strives for every day, and thank our clearing firms for their efforts in helping us to satisfy our clients’ needs,” he concluded.
Michael Rosen, co-founder and Managing Member, added, “With a diverse range of experiences and skill sets that include prime brokerage, launching hedge funds, portfolio management, research, sales and trading, clearance and settlement, financial operations, compliance, technology, and customer support, we believe the Concept Capital team is uniquely equipped to understand and anticipate our clients’ needs and preferences. Our continued investment in technology and talented individuals enables us to deliver tools and support services, such as enhanced portfolio management and reporting solutions, which enhance our clients’ ability to manage their businesses. These investments, along with our expanded sales effort, have afforded us the opportunity to win a large number of new client mandates and maintain a very high client retention rate.”
About Concept Capital Markets, LLC:
Concept Capital Markets, LLC offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. Concept Capital Markets, LLC was established in 2010 following the spin-off of the Concept Capital division of Sanders Morris Harris Inc., whose origins date back to 1995. Concept Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Chicago, IL, Los Angeles and Del Mar, CA, and Boca Raton, FL. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.
About HFM Week:
HFMWeek is the leading resource for current global hedge fund news. Through its daily news website and weekly magazine, HFMWeek delivers in-depth coverage of the latest hedge fund developments and people moves, as well as detailed analysis, market intelligence and reports, along with a programme of free events. HFMWeek's cutting-edge features and news analysis cover all aspects of operating a successful hedge fund, including searches, prime brokerage, fund administration, risk management, front-to-back-end technology and legal and regulatory issues. HFMWeek magazine and hfmweek.com are wholly owned by Pageant Media Limited, an independent publishing company that was formed in February 1998 and has grown to become a leading information provider within its core markets. For additional information, visit http://www.hfmweek.com